5501 McNeely Dr - Medical FOR SALE


Raleigh, NC 27612- Crabtree Valley
$1,150,000 USD
919-795-8776
5501 McNeely Dr, Raleigh, NC for Sale
$1,150,000 USD
Medical - FOR SALE
1/41
null | Request Cap Rate

5501 McNeely Dr
Raleigh, NC 27612
Crabtree Valley


HIGHLIGHTS

  • New plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork
  • Wonderful Loaction!
  • Lots of Parking Available
  • This property is a must-see for anyone seeking a prime Raleigh office location with unparalleled convenience and flexibility.

OVERVIEW

Nestled at 5501 McNeely Drive in Raleigh, NC, this wonderful fully updated office building presents a unique ownership opportunity. Boasting new plumbing, fresh paint, new flooring, and a completely new HVAC system with ductwork, this stand-alone property offers a turn-key solution for businesses or investors. Inside, you'll find a flexible layout featuring nine separate offices, a large conference room, and a spacious open area that can easily accommodate an open office concept or be converted into additional individual offices. The property also includes a welcoming reception and waiting area, ample storage throughout, and a convenient walk-in crawl space. Remarkably, while functioning as a stand-alone building, it is structured as a condo within an association managed by PPM, which covers all lawn maintenance, exterior building upkeep, and even the property tax for the land. This exceptional setup provides a hassle-free ownership experience, making it an ideal choice for businesses seeking their own space, investors looking for a low-maintenance asset, or those interested in occupying a portion and subleasing the remainder.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

7.13 AC

LAND SF

310,408 SF

ZONING

O&I-1

APN/PARCEL ID

0786.11-55-2552-000

ASK ABOUT THIS PROPERTY

Jamie DawsonCokesbury HoldingsMore Info
919-795-8776

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Jamie DawsonCokesbury HoldingsMore Info
919-795-8776

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.